PEM Real Estate Group
PEM invests in stable and value-added real estate and specializes in fee management for multi-family and commercial properties. PEM Real Estate Group is one of the fastest growing operators of apartment communities in the United States. What sets us apart is our commitment and responsiveness in providing quality service for our residents. PEM was started 20 years ago with a duplex in the city of Detroit. With the goal of providing a better apartment living experience, PEM grew to over 4,000 apartment units within 12 years before selling the entire portfolio and moving to Arizona in 2005. By the end of 2007, PEM had acquired over 5,000 additional apartment units in Arizona. PEM continues to be one of the fastest growing operators of real estate assets in the United States. PEM Real Estate Group is an American real estate and asset management company with a diverse portfolio of multi-family and commercial properties throughout the United States. Our impeccable tenure in this field has given us the experience and acumen to recognize and quickly seize opportunities as soon as they are available. PEM Real Estate Group invests in stable and value-added real estate, in partnership with institutional and private investors and specializes in fee management for multi-family and commercial properties. While our home base is in Scottsdale, AZ, we have a satellite office in Atlanta, GA, minutes away from one of the world’s busiest airports. We can service both coasts and middle America quickly and efficiently. Since inception, PEM has been investing in real estate, improving financial performance and optimizing property values. PEM Real Estate Group currently has real estate holdings including multi-family, retail, commercial and raw land in the following states -- Arizona, California, Florida, Idaho, Michigan, Nevada, Utah, New Mexico, Ohio and Georgia, with previous holdings in Washington and Colorado. PEM also has industrial real estate holdings in Alberta, Canada. PEM Real Estate Group has owned and managed over one billion in assets since the company started. In addition to our real estate holdings and Fee Management services, we also provide Residential Brokerage Services through PEM Premier Properties, and Corporate Services such as Loan Work Outs and Consulting Services. We pride ourselves on working diligently to enhance financial performance for our investors, achieving long-term, above average growth while conserving and managing risk. We partner with our clients to build long-standing and strategic relationships that allow us to work together for life.
Real Estate Specialization
| Multifamily |
Investment Type
| Equity syndication/Club Deal |
| JV partnership |
| Acquisition/Fee Simple |
Investment Style
| Value-add |
| Opportunistic |
Typical Deal Size
| $5,000,000 - $10,000,000 |
Robert Venberg
As PEM’s Chief Operating Officer, Bob is responsible for the day-to-day operations of the company. Prior to joining PEM, Bob enjoyed a long, successful history at Brown Family Communities in Tempe, Arizona where he held several executive level positions over the years culminating in his promotion to President. Bob has had significant experience building and motivating top performing organizational teams. Bob also has a strong background in real estate law and contract negotiations having worked for Snell & Wilmer, one of the most prominent law firms in the Southwest, as a real estate attorney. Bob is a graduate of Arizona State University with a Bachelor’s of Science in Business Management and was awarded A.S.U. Man of the Year in 1985. He also holds a Juris Doctor from the University of San Diego and is a licensed attorney in the state of Arizona.
PAUL MASHNI
Paul formed PEM Real Estate Group in 1993 with the goal of providing quality real estate services with strong financial results for its investors and customers. With a background in accounting, finance and law, Paul has successfully grown PEM from one duplex in Michigan to over 9,000 units in Arizona, Nevada, California, Georgia, Florida, and Alabama. Before starting PEM, Paul was a consultant with Arthur Anderson, Price Waterhouse and Sandy Corporation. Over the past 20 years, Paul and his team have grown PEM into an industry leader in the areas of Fee Management, Commercial / Residential Lending and Residential Brokerage. Paul is a graduate of Michigan State University where he earned a Bachelor of Science degree in Accounting and a Masters in Business Administration in Finance. He received his law degree from Wayne State University in Michigan.
Jennifer Dippel
Jennifer has over 20 years of experience in a variety of roles in the multi-family property management industry. At PEM she is responsible for the successful development and growth of PEM's teams and oversees the HR function for the firm. Prior to coming to PEM she worked as a Paralegal, Regional Manager, Trainer and Director of HR for both small and large employers including 11 years combined with EQR and AIMCO. Jennifer has been a Certified Property Manager and completed a certified paralegal program. She is currently in her last year of course work for a BA in Communications and Organizational Development with the University of Northern Iowa and is a licensed Arizona Real Estate Agent.
Ben Gardier
John Jones
- 480-422-6930 x 230
- johnj@pemreg.com
Brooke Anderson
- 480-422-6930 x234
- brooke@pemreg.com